KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) have been given an average rating of “Moderate Buy” by the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $21.75.

A number of research analysts have recently commented on BZ shares. Wall Street Zen cut KANZHUN from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Barclays cut their price objective on shares of KANZHUN from $28.00 to $19.00 and set an “overweight” rating on the stock in a research report on Friday, March 20th. Zacks Research upgraded KANZHUN from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Finally, Sanford C. Bernstein upgraded shares of KANZHUN from a “market perform” rating to an “outperform” rating and lifted their price objective for the stock from $16.50 to $18.00 in a research note on Friday, June 5th.

Insider Activity at KANZHUN

In other news, CEO Peng Jonathan Zhao sold 64,000 shares of the stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $6.98, for a total value of $446,720.00. Following the sale, the chief executive officer owned 576,000 shares in the company, valued at $4,020,480. This represents a 10.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Trading of KANZHUN

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Norges Bank acquired a new stake in shares of KANZHUN during the 4th quarter worth approximately $105,095,000. Perseverance Asset Management International lifted its stake in shares of KANZHUN by 1,603.8% in the first quarter. Perseverance Asset Management International now owns 4,287,565 shares of the company’s stock worth $57,410,000 after buying an additional 4,035,923 shares in the last quarter. Krane Funds Advisors LLC grew its holdings in KANZHUN by 24.7% in the 3rd quarter. Krane Funds Advisors LLC now owns 19,291,036 shares of the company’s stock valued at $413,311,000 after buying an additional 3,819,347 shares in the last quarter. Schroder Investment Management Group raised its position in shares of KANZHUN by 15.9% during the 4th quarter. Schroder Investment Management Group now owns 24,433,878 shares of the company’s stock valued at $497,962,000 after buying an additional 3,352,779 shares during the period. Finally, Capital International Investors grew its holdings in shares of KANZHUN by 70.3% during the 3rd quarter. Capital International Investors now owns 8,059,160 shares of the company’s stock worth $188,262,000 after purchasing an additional 3,326,548 shares during the period. 60.67% of the stock is owned by institutional investors and hedge funds.

KANZHUN Stock Performance

BZ opened at $13.70 on Monday. KANZHUN has a 12 month low of $12.85 and a 12 month high of $25.26. The firm has a market cap of $5.76 billion, a P/E ratio of 13.43 and a beta of 0.49. The stock has a 50-day moving average of $13.80 and a 200 day moving average of $16.64.

KANZHUN Company Profile

Kanzhun Ltd. (NASDAQ: BZ) operates a leading AI-driven online recruitment platform under the brand name Boss Zhipin. The platform leverages algorithmic job matching and instant in-app messaging to connect job seekers and employers, streamlining the hiring process and reducing time-to-fill. By combining machine-learning recommendations with direct recruiter interactions, Kanzhun aims to create a more efficient, personalized recruitment experience compared with traditional job boards.

Beyond its core peer-to-peer marketplace, Kanzhun provides a suite of premium services for corporate clients, including employer branding packages, targeted marketing campaigns and SaaS-based human capital management tools.